The Banning of Unregulated Deposit Schemes Act, 2019
[Act No. 21 of 2019]
[31st July, 2019.]
An Act to provide for a comprehensive mechanism to ban the unregulated deposit schemes, other than deposits taken in the ordinary course of business, and to protect the interest of depositors and for matters connected therewith or incidental thereto.
BE it enacted by Parliament in the Seventieth Year of the Republic of India as follows:-